Worldwide Business Survey Of Takeaway Food Delivery Market: Focus on Online Channel
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The Report titled “Takeaway Food Delivery Market: Focus on Online Channel (2014-2019)” provides an insight into takeaway Food Delivery market with a special focus on online takeaway food. The report also includes the market value, segmentation and also country-wise market analysis. It also discusses key growth drivers, challenges and upcoming trends of the market. Further, companies like Just Eat, GrubHub, Delivery Hero, and Takeaway.com are profiled in the report.
GruhHub Holdings Inc.
Just Eat Plc.
Delivery Hero and Hungryhouse
Foodpanda & HelloFood
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Takeaway food delivery offers a convenient alternative, providing diners with a wide variety of options. Consumers have many choices for takeaway food, including online takeaway food aggregator portals, restaurant chains offering online ordering services, as well as local restaurants offering telephone-based and walk-in takeaway food services. Growth in takeaway food delivery market is outpacing global GDP growth with online ordering growing much faster, proliferated by the adoption of E-commerce and increased smartphones/tablet penetration.
Consumers are shifting from traditional telephone based takeaway ordering to online platform as it offers wide variety of choices, ratings and reviews, including payment by credit or debit card, and a more efficient consumer experience. Companies that offer online food ordering services include Just Eat, GrubHub, Delivery Hero, Takeaway.com etc. Takeaway restaurants (TRs) sign contracts with these companies to join their platform and have their menus made accessible to consumers. These online companies primarily derive their revenue from commissions charged to TRs on order value placed through its platform.
The US is the largest market for takeaway food delivery market followed by the UK, Italy, Spain, Canada, France, Brazil and others. The online food ordering industry saw a major consolidation with Delivery Hero acquiring Lieferheld of Germany and hungryhouse of the UK in 2012. In 2013, GrubHub merged with Seamless took making it the largest online takeaway food company. Drivers contributing to the growth include rising usage of internet, urbanization and demand from developing countries.